Zayo Group (ZAYO) Reports In-Line Q2 EPS

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Zayo Group Holdings, Inc. Reports Financial Results for the Second Fiscal Quarter Ended December 31, 2016

February 9, 2017 4:06 PM EST

Second Fiscal Quarter 2017 Financial Highlights

$506.7 million of consolidated revenue, including $107.9 million from Zayo Canada; 1% quarter-over-quarter annualized revenue growth; 4% quarter-over-quarter annualized recurring revenue growth (6% in constant currency), excluding Zayo Canada. Net income of $19.8 million, including $19.6 million from Zayo Canada; $4.1 million increase quarter-over-quarter. $263.4 million of adjusted EBITDA, including $26.9 million from Zayo Canada; Bookings of $5.2 million, gross installs of $6.7 million, churn of 1.2% and net installs of $2.0 million, all on a monthly... More